CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)COSTS OF CARE INC, founded in 2009, is a micro nonprofit in the Health Care sector that reported $98K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $190K exceeded revenue, resulting in a 94% operating deficit.
COSTS OF CARE IS DEDICATED TO CULTIVATING CHANGE AGENTS WHO WILL LEAD THE CREATION OF A MORE AFFORDABLE AND EQUITABLE HEALTH SYSTEM.
THE STARS (STUDENTS AND TRAINEES ADVOCATING FOR RESOURCE STEWARDSHIP) PROGRAM CATALYZES GRASSROOTS, STUDENT-LED INITIATIVES TO ADVANCE HEALTH CARE VALUE IN MEDICAL EDUCATION. THE PROGRAM HAS GROWN...
THE STARS (STUDENTS AND TRAINEES ADVOCATING FOR RESOURCE STEWARDSHIP) PROGRAM CATALYZES GRASSROOTS, STUDENT-LED INITIATIVES TO ADVANCE HEALTH CARE VALUE IN MEDICAL EDUCATION. THE PROGRAM HAS GROWN AND NOW INCLUDES MORE THAN 700 MEDICAL STUDENT PARTICIPANTS FROM MORE THAN 50 DIFFERENT MEDICAL SCHOOLS ENGAGED IN A LONGITUDINAL LEARNING COLLABORATIVE.THE STARS PROGRAM PROVIDES BOTH STUDENTS AND FACULTY OPPORTUNITIES TO "LEAD FROM WHERE YOU STAND AND ADVANCE HIGH-VALUE CARE EDUCATION AND IMPLEMENTATION, SUPPORTING THEIR OWN CAREER DEVELOPMENT AND FURTHERING OUR SHARED MISSION TO PROVIDE THE BEST CARE AT LOWER COSTS FOR PATIENTS. THE STARS 2024 COHORT CONSISTED OF OVER 115 STUDENTS AND OVER 45 FACULTY REPRESENTING 31 MEDICAL SCHOOLS THROUGHOUT THE UNITED STATES. LEARN MORE AT STARS.COSTSOFCARE.ORG.
AFFORDABILITY MOONSHOT: THE AFFORDABILITY MOONSHOT IS A MOVEMENT TO IMPROVE PATIENT AFFORDABILITY SO THAT NO ONE SHOULD HAVE TO CHOOSE BETWEEN THEIR LIFE AND THEIR LIFE SAVINGS. WE ARE INFORMED BY...
AFFORDABILITY MOONSHOT: THE AFFORDABILITY MOONSHOT IS A MOVEMENT TO IMPROVE PATIENT AFFORDABILITY SO THAT NO ONE SHOULD HAVE TO CHOOSE BETWEEN THEIR LIFE AND THEIR LIFE SAVINGS. WE ARE INFORMED BY OUTPUTS FROM OUR PREVIOUS AFFORDABILITY ACCELERATOR, WHICH CONVENED INFLUENTIAL EXPERTS AND STAKEHOLDERS TO WORK TOGETHER ON DEVELOPING AND DISSEMINATING THE MOST PROMISING HIGH-IMPACT AND SUSTAINABLE INTERVENTIONS TO IMPROVE PATIENT AFFORDABILITY. WE UTILIZE OUR OUTPUTS TO CONTINUE TO CULTIVATE CHANGE AGENTS WHO WILL LEAD THE CREATION OF A MORE AFFORDABLE AND EQUITABLE HEALTH SYSTEM. OUR MOONSHOT WORK INCLUDES COSTS OF CARE FELLOWSHIPS FOR HEALTHCARE PROVIDERS INTERESTED IN WORKING WITH NATIONAL LEADERS TO PROMOTE DISCUSSION, TRAINING, AND DISSEMINATION EFFORTS TO IMPROVE THE DELIVERY OF MORE AFFORDABLE AND VALUE-BASED HEALTHCARE. THE 2024 FELLOWSHIP CYCLE PROVIDED 3 SUCH HEALTHCARE PROVIDERS THE OPPORTUNITY TO WORK CLOSELY WITH THE COSTS OF CARE TEAM TO MOVE FORWARD RESEARCH RELATED TO HIGH-VALUE CARE AND AFFORDABILITY. RECRUITMENT FOR THE 2025 FELLOWSHIP CYCLE WILL SEE 2 SUCH HEALTHCARE PROVIDERS INTERESTED IN MOVING FORWARD HIGH-VALUE CARE AND AFFORDABILITY IN SURGICAL AND ONCOLOGICAL PRACTICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $97,920 | $183,476 | -0.5% |
| Expenses | $190,092 | $150,167 | +0.3% |
| Net Income | $-92,172 | $33,309 | -3.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NEEL SHAH | CHAIRPERSON (THRU 6/1/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| VINEET ARORA | DIR./CHAIRPERSON (BEGAN 6/1/24) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE RHEE | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN GORDON | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ANITA SAMARTH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DANIEL WOLFSON | DIRECTOR (BEGAN 6/1/24) | 0.50 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER MORIATES | EXECUTIVE DIRECTOR | 4.00 |
Officer
|
$15,250 | $0 | $15,250 |
| SEPTEMBER WALLINGFORD | DEPUTY DIRECTOR | 15.00 |
Officer
|
$42,250 | $0 | $42,250 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $97,920 | $190,092 | $69,689 | $-92,172 |
| 2023 | $183,476 | $150,167 | $163,661 | $33,309 |
Compare COSTS OF CARE INC with other nonprofits in Massachusetts and across the country.